Greenfortune has raised Rs 8.5 cr in seed funding round by Titan Capital, Incubate Fund India, Partners Fund Japan, Superb Capital and Varun Alagh, founder of Mamaearth.
GreenFortune, which is a part of AndesInfra Solutions, says the capital will be utilized to fuel geographic expansion, product development and further technological enablement.
“Demand for superior yet affordable door and window systems is massive. Fabricators are pivotal to this ecosystem. By closely working with fabricators, we aim to drive better end-customer outcomes on cost, quality, and service, thereby, becoming the preferred brand in the windows, doors and facades categories” said Dilip Kumar, co-founder of GreenFortune.
In highlighting GreenFortune value proposition, Titan Capital’s partner Bipin Shah said “GreenFortune’s innovative approach addresses long-standing industry issues and presents a compelling investment proposition. Their steadfast commitment to sustainable construction materials, coupled with a robust business model, underscores our belief in their potential for long-term growth. Titan Capital is proud to be part of GreenFortune’s journey and is committed to fostering its growth and innovation in the forthcoming years.”
We are excited to partner with Greenfortune and support their journey towards building a more sustainable world. Together, we aim to drive positive change and foster innovation.